Hi-Crush Reports Record 2014 Results

Hi-Crush Partners reported record fourth quarter and full year 2014 results. Net income for the quarter was $38.4 million. The company reported earnings before interest, taxes and depreciation and amortization of $44.6 million for the fourth quarter of 2014.

Fairmont Santrol Confident About Future

Fairmount Santrol announced fourth-quarter and full-year 2014 sales volumes. The company reports a strong fourth quarter driven by total sales volumes of approximately 2.5 million tons, an increase of 15 percent compared with the prior-year period. Overall, fourth-quarter raw sand volumes were 2.1 million tons, and value-added coated product volumes were 0.4 million tons, up 11 percent and 41 percent, respectively, over the prior-year period.

Carbo Looks Ahead to Market Success

Carbo Ceramics Inc. reported adjusted net income of $16.1 million, or $0.70 per share, excluding certain asset write-downs and other adjustments of $15.7 million, or $0.68 per share, on revenues of $167.8 million for the quarter ended Dec. 31, 2014. Reported net income for the fourth quarter of 2014 was $0.4 million, or $0.02 per diluted share.

Select Sands Drilling at Sandtown

Select Sands Corp. updated its ongoing drill program on its Sandtown Frac Sand property in northeast Arkansas. The property is underlain by the Ordovician St. Peter sandstone formation, which is the source of 'Ottawa White' frac sand selling into the major U.S. oil and gas plays.

Brilliant Sands Initiates Exploration Program

Brilliant Sands Inc. (BSI), formerly Consolidated Goldfields Corp., has initiated a comprehensive exploration program at its McClelland Lake frac sand project in Alberta, Canada. The company considers McClelland its highest priority and most advanced project within the frac sand portfolio that was recently acquired from 1824455 Alberta Ltd.